BSNL CONTINUES TO EARN OPERATIONAL THIRD CONSECUTIVE YEAR
BSNL has retained Operational Profit for the 3rd consecutive year despite cut throat competition from Reliance Jio. It has earned an Operational Profit of Rs.1682 crore in the financial year 2016-17, as per the balance sheet approved by the Annual General Meeting of BSNL held on 21-12-2017.
The total revenue is Rs.31,533.44 cr, almost retained the last year revenue and the net loss also reduced to Rs.4793 cr. At the same time, the asset value has increased to Rs.1.15 lakh cr from Rs.44,000 cr, after revaluation based on the new accounting system